Category: Youngest Millionaires
They are some of the super bright stars in the world of entrepreneurship. They are young, they are determined, and they are running a startup. I came across this cool movie about the lives of some of the youngest and super successful entrepreneurs. This is actually a documentary video about online entrepreneurs from the old continent and The United States and how they made their business ideas happen. Below you can watch how some of the most innovative Internet startups were launched and how they rose or fell. The clip contains interviews with a dozen of young founders, some of...
Who is Evan Spiegel? Evan Spiegel is one of the founders and the chief executive officer of the popular service for transferring messages Snapchat. This young entrepreneur is only 23, and recently he was offered $3 billion for his business. The offer was made by the social giant Facebook and actually, it was … refused?!? Let’s make it crystal clear, we are talking about 3 billion US dollars here… in cash. Who just refuses such amount of money that would be enough for the living expenses of thousands of people? Well, Evan does. Actually many entrepreneurs wouldn’t accept even...
The game Forced is a popular RPG game with some tactical elements for up to 4 players. There you are a slave, who is forced to fight for his freedom or die. The game is available on Steam Store and has been a very popular app there. This makes it also a very successful business, and this business has a really cool story. Forced History The game was developed by a group of enthusiasts, passionate about gaming and computers. They found a spare classroom at the university they studied at and decided to use it for their first office. They...
You can get rich and very successful even by a complete accident. In fact, many great businesses come to the world totally by fluke. And this is how one of the most popular social publishing platforms – Movable Type was born. It was started by a husband and wife, who created a system with the only ambition to make their own blog and a few years later they were millionaires. Today Movable Type is used by millions of people and by some of the largest companies in the world for their websites. It’s an open-source CMS software for creating sites,...
In 2012, there was an announcement from Facebook – they were buying Instagram for the price of $1 billion. A company started just a few years ago by two young entrepreneurs, has brought them to the world of super riches. A company that had no revenue, only 13 employees, and completely no profits by the time of the deal… Who would be so insane to pay a billion for such a business?!? Well, actually Instagram had one thing that was far more valuable – potential. And this is what the managers of the biggest social network spotted there. Here is...
Today you will hardly find a young person, who hasn’t heard about ‘Angry Birds‘, especially if she has a smartphone. This engaging mobile game has become one of the most popular on the market and has made millions of dollars for its creators – three young entrepreneurs who love games. But how has that happened? Here is how: Rovio Mobile LTD. Back in 2003, three young and crazy about computer games students attended the University of Technology in Helsinki. Their names were Kim Dikert, Niked Hed, and Jarno Vakevainen and one day their passion for games made them found a company under...
Richard Branson‘s story is one of the must-reads for any starting entrepreneur. His life has been an amazing and profitable adventure that anyone can learn from. But first, let me drop a few words about him. Sir Richard Charles Nicholas Branson is one of the richest people in the world, 4th by wealth in the UK. Currently, he is 64 and his net worth is estimated at around $4.6 billion. Branson is the founder and the manager of “Virgin Group Ltd.” – a venture capital conglomerate company located in Great Britain, consisting of more than 400 different businesses from around...
Zynga Inc Zinga (zynga.com) is a games-developing company that was incorporated in April 2007 by Mark Pincus, with its main headquarter based in San Francisco, California. Just a few years after it was started, Zynga began generating billions of dollars in revenue from its social games. Originally, the project was named Presidio Media but the name was changed, in July of 2007, in honor of Mark’s dog – an American bulldog “Zynga”. This is also where the dog on the logo of the company derives from. In its humble beginnings, the entire production team included just nine people to run...
This is one of the latest millionaire stories, in which a smart techy teenager hits the jackpot by selling his work to a big Internet company. This is the story of Nick D’Aloisio, the British teen who developed the news syndication app for iPhone – Summly. A little about the teenage millionaire When he was just 15, the young entrepreneur had an idea – to simplify the way how information is spread across the web. He wanted to build an application, which could show you news or simply articles from many different sources in a convenient way. So, he sat...
This is another motivating story about a guy who started a business at a very young age. The more I read such stories, the more I think that the ways of getting rich are endless. The most difficult part of the process is probably getting started. But there are plenty of ways for this, too… This dude started by breeding reptiles in his bedroom 🙂 and eventually switched to developing websites. I don’t exactly know what the common thing between these activities is, but one thing is for sure – a good entrepreneur can make a profit from anything. See...